OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Mkts have totally lost the plot, tks to the Rig.

Posted by Maddog @ 7:15 on May 21, 2018  

Biggest news over weekend in Europe by far, is the new Italian government….sure some of it’s more extreme ideas, like immediate debt forgiveness have been dropped, but make no mistake, they are on a head on collision course with Brussels and the end of the EU/Euro is a lot closer.

There is no way that news is worth a 200 plus Dow point rally, a near 10 dollar drop in Gold and only a few ticks off the Euro, with rates near Unch.

I’d say the scum are crapping themselves, to intervene so heavily…but as R640 says, that info doesn’t pay the bills.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.